Member Info for Chaebol

I am posting direct comments from Wazirx ?

Nope I aint started yet, my buys in this are probably the most embarrassing tbf, what a 5hit show it's been.

From Sunny side up Chaebol - this is what Liminal do:

https://www.liminalcustody.com/case-study/zebpay/

They say the GS20 vaults are up and running but I have no idea what this actually entails. Do you think they are doing something similar to this case study for GS20?

Do you think this will help with the issue you and your mate in Thailand had over the $5 deposit? Liminal have bigger problems than my 5 bucks right now, is that why my tickets not being responded to!

Unfortunately 230 million usd is a big number and you cant hide or camouflage that. Reckon it plays out in court, or liminal insurance lol pays out x;)

What wazirx are posting isnt a one side view..... are you reading it BFD they explain it could be Wazirx ffs. Someone o here came on and told me how good liminal were and yeh look at them a 230 million usd crytpo rob within their name brilliant !

Yeh its not important Lloyd the company that secures the crypto isnt important if a flaw has been identified just not important lol. What is so good about Liminal ?because this isnt a good look and what does that insurance mean?

This is the reality........WazirX outlined two possible scenarios that could explain the breach:

Breach within Liminal’s Infrastructure: Malicious transactions were received directly from Liminal due to a potential compromise of their system. This scenario is currently considered more likely due to the absence of new connection requests to hardware wallets and the use of whitelisted addresses.

Compromise of WazirX Signers’ Devices: This scenario involves malware infecting the devices of WazirX signers, although no preliminary evidence has been found to support this. It would also require a breach of Liminal’s firewall to obtain the final signature.

What does luminal insurance mean ? its not helping Wazirx. Wzairx have identified flaws in Luminal protocols and seem pretty convinced of it. Looks like court anyway as Luminal flat out deny problems and Wazirx identify flaws in the Luminal sytem but crack on nothing to see here.

And bfd wazirx say the opposite but lets just listen to luminal.

lets just believe luminal then.

Https://wazirx.com/blog/wazirx-cyber-attack-key-insights-and-learnings/

Our preliminary findings have not found any evidence that WazirX signers’ machines were compromised.

Multi-Signature Wallet Structure

​​To provide context, it’s important to understand our wallet structure:

The affected multisig wallet had six signatories: five managed by WazirX and one by Liminal.

Liminal’s wallet is said to be protected by additional infrastructure, including a firewall – which involves policy checks like destination whitelisting – specifically designed to prevent incorrect or malicious transfers by other signers.

Transactions through Liminal’s infrastructure require signatures from 3 WazirX signers followed by a fourth and final signature from Liminal. The Liminal signer is the last line of defense which checks and verifies if a transaction is correct and authentic before signing.

In this cyber attack, the malicious transactions involved signatures from three WazirX signers and one from Liminal, confirming the use of Liminal’s infrastructure.

Signing Process and Security Precautions

We want to explain the procedures and precautions that WazirX takes while handling the signature process from our end:

The three WazirX devices that signed the malicious transactions were all at three different locations with three different internet connections.

All three signers used their respective hardware wallets to sign the transactions.

Two of the three signers used devices primarily dedicated to signing such transactions, while one signer used their work device.

Each signer accessed the Liminal website through a bookmarked link or Chrome shortcut app saved in their browser to prevent phishing attempts.

The Liminal website mandatorily requires two-factor authentication (2FA) for access after Google login.

I said other mobs in my world that means other crypto mobs sorry 'firms' the fact remains WazirX are saying something entirely differne to Luminal and wnat to try and honour is exchange users. Other Mobs sorry 'firms' have said the exact same thing as luminal and its transpired into a different reality. Yes if luminal has been breached thats a worry for the GS20 exchange, no doubt. I dont know why Luminal say they are insured either. Gives the impression your holdings are safe until they hacked.

Reality is they both pointing the fingers at each other and probably ends up in court to solve as its big money gone. Not a good look for Luminal Custody or WazirX, I hope their punters get the money back.

Yeh for sure, but it's not a good look...... both parties blaming each other but you only seem to put any stock in what liminal say, You would hope this breach did not affect any of the GS20 exchange participants, and thats why the price has fallen, but that kind of information may be released in the future or not. Liminal say they are insured but I dont think thats going to help WazirX or the punters that have lost out. I know Wazirx are trying to come to a resolution with its holders.....so im guessing Liminal insurance that Liminal claim they have, doesnt work for this one lol.

Lol of course, is that why its up 0.0050 pence today

Lol Barclays mart investor giving quotes to buy or sell on millions of shares all week. Super sticky hands are apparent lol I'd say most are underwater after this year of holding, and price is too low for most to sell.

WazirX outlined two possible scenarios that could explain the breach:

Breach within Liminal’s Infrastructure: Malicious transactions were received directly from Liminal due to a potential compromise of their system. This scenario is currently considered more likely due to the absence of new connection requests to hardware wallets and the use of whitelisted addresses.

Compromise of WazirX Signers’ Devices: This scenario involves malware infecting the devices of WazirX signers, although no preliminary evidence has been found to support this. It would also require a breach of Liminal’s firewall to obtain the final signature.

Either way a sad story ! 45 % of its crypto holdings gone you would definitely hope Liminal arent at fault for this but who knows.

Are you really saying its negative for insiders to buy this ? really ? youre arguing about this lol.

One of the greatest investors of all time, Peter Lynch, was noted as saying that "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."

I think thats enough and I'm the clown that doesnt do research, ok then, stay happy with 16 trades a day x

Good grief, get a grip, every shareholder in GST would welcome BOD and insider buys right now. ffs

Would be nice to see some insiders buying but they arent, and neither is anyone else last couple of days You would hope .5 holds, but hope dont mean diddly, and its august, horrible volume month. Many said never under a penny then never under .6 and all of a sudden .5 is under threat.. Long horrible year of downward momentum in the sp. Frustrating. Dig into things and they dont look so great, lets see what 'significant' and 'substantial' means from the BOD in the interims.

Lol bfd, liminal can say whatever and thats the gospel......... Wazirx respond and thats not acceptable ok then x

Yes, ignoring crypto investors is super wise AHS

Thats what a lot of mobs say and then the reality becomes clearer.

This is what WazirX aid at the time.In a post on X, Indian crypto exchange WazirX said the exploit was related to a multisig wallet using Liminal's digital asset custody service. The attack stemmed from a "discrepancy between the data displayed on Liminal's interface and the transaction's actual contents," it said.